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The Empire District Electric Company Message Board

  • aga0115 aga0115 Aug 27, 2010 8:16 PM Flag

    How about a positve post to start a new thread

    This is one fantastic stock. Good divy and good share price appreciation. One of my best holdings. Normally try to trade some on the dips, but not much dipping lately. Course may drop some next week due to ex div date. Where are are you lucky longs?

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    • Well, you're right a good dividend yield at current market price - sadly (to me anyway), I bought at a market high of $24.60 in May, 2007 . I'm a buy and hold guy - but my market timing on EDE was waay bad... After taxes, it'll take me 5 years to break even .. But at least the dividend is there -- of course, the current administration is making noise about ending the Bush tax cuts on divys, etc. - sooo, who knows from here ...

      • 1 Reply to patkerich
      • Some sources report div tax increase only those filing with income of 200K+ (250K+ for married). As such for most this div tax increase is a non-issue. But other sources say it will affect all filers.
        I believe its the first case. If it was to affect all filers I doubt we would see the recent strength we have witnessed in EDE.

 
EDE
24.28+0.13(+0.54%)Oct 1 4:02 PMEDT

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